HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Keep an eye on the volume traded.
5
Dec 21, 2010 11:19AM

I should also add to my last post, that I'm absolutely confident Noront will rise again, and by the end of the first 2011 quarter we'll be steaming well above $1.30. I interpret the volume as a lot of folks taking advantage of Noront's depressed SP by selling to offset gains before the end of 2010 tax year. Then reenter NOT once drillers reenter the ring. In the mean time, Edgy is absolutely correct that this is fill up time for those who want to enter low.

For me, this depressed SP is a gas station before the drive over the hills to grandmother's house we go.

Happy holidays, folks.

-sg

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